Li Qiang meets U.S. congressional delegation
Premier Li Qiang met with a U.S. congressional delegation on May 7, stating that mutual respect, peaceful coexistence and win-win cooperation is the right way for the two countries to engage with each other. He urged Washington to seek dialogue rather than confrontation. Li emphasized that the Taiwan issue concerns China’s core interests and is the foremost red line in Sino-U.S. relations, calling on the U.S. Congress to handle China-related matters prudently.
Ministry of Commerce rebukes EU funding ban
The Ministry of Commerce condemned the European Union’s decision to ban funding support for projects using Chinese inverters. The ministry said the move stigmatizes China and discriminates against Chinese products.
Brazil offers visa-free entry for Chinese citizens
The Brazilian government announced that it will implement a visa-free entry policy for Chinese citizens holding ordinary passports, effective May 11. Travelers will be allowed to stay for up to 30 days per entry.
News summary
TikTok received approval for a $25 billion data center expansion plan in Thailand.
Australia issued a final countervailing duty ruling on imports of steel corner beads and angles from China.
JD.com acquired an asset management company license.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
